How to Price Your Home Like a Savvy Seller
First, let's think like an appraiser, because bottom line, they will have the last say! Appraisers have a complex system for determining home value, which accounts for the home's condition as well as the values of similar houses in the areas. Use this site as a resource to get the latest sold listings in Lake of the Woods, VA so you can stay savvy like Continue Reading

Locust Grove, VA Housing Market Update
Local market activity shows the average Median estimated Home Value at $257,000 which is up from last year by 4.2%. The Median Listing Price comes in at $269,000 which is up 7.8% from last year. With values and prices going up, the average Median Days on the Market has moved to 81 days, which is down 26.4%. The Average Sales Volume is 19, Continue Reading

Maps of LAKE OF THE WOODS VA
Summer 2018 Lake of the Woods Amenities Guide
Lake of the Woods, VA Amenities
Lake of the Woods (LOW), a gated community in Locust Grove, VA is located in the northeastern portion of historic Orange County, VA approximately midway between the Continue Reading

Understanding Agency in Real Estate Transactions
By Charlie Ostlund, Ed.D., Realtor, MRS, SRS, ABR
An adage in Real Estate is: Q: “What’s the most important thing you want from the Realtor who has listed your property for sale?”; A: “A buyer!”. While this may be true, when considering the many roles provided by a Realtor, if the seller’s agent also becomes the buyer’s agent for the same Continue Reading

Tax Reform and Homeownership
By Charlie Ostlund, Ed.D., Realtor, MRS, SRS, ABR
I would like to be clear that this article is in no way intended to suggest any definitive advice or potential outcomes regarding the 2018 Tax Cuts and Jobs Act (TCJA); but to simply present a personal opinion based on the consensus of expert opinions regarding the likely impact on real estate emanating from the Continue Reading

An Eclectic Community
The Lake of the Woods community in Virginia consists of over 4,000 lots with over 800 lakefront properties and homes on either the main lake or the smaller Keaton Lake, also known as the fishing lake. The main lake is a spring-fed 550 acre body that offers some of the clearest lake water in Virginia, along with some of the best fishing for large-mouth bass in the region. A Continue Reading

The 6 Real Estate Trends
By Charlie Ostlund, Ed.D., Realtor, MRS, SRS, ABR
Prognostication is unscientific in any field, but in the social science of economics, when human behavior is involved, it is nothing more than a best guess. What eventually plays out can often belie general economic principles, as the “greed and fear” that drive decision-making is often incongruent with Continue Reading